Potential Upside of WKT - Expandable Graphite, page-2278

I will save you the effort Croc,

I don't want you coming back with another long-winded post that avoids the question. I am more than happy to help you with your research,

Please also note that WKT strip ratio was 2 to 1 which was based on the Jan 2017 DFS 16.1% contained resource with a 5% cut off, with the company increasing its cut off grade to 10% has resulted in the Strip ratio increasing. Most likely why WKT didn't include this figure in the updated 2019 DFS.

As you can see in the following cross-section which is taken through the inferred resource, the only colours of Ore that will be used is Purple 15%+TGC and RED 10-15% TGC, all other colours Grey, white and Orange are below WKT cutoff grade, or are overburden

Both ore bodies (graphite) slopes (dips) on a 30-40 degree angle with a large section of Biotite Geniess (white) which is right through the middle.

What this means, WKT needs to move the Biotite Geniss (White) and the Orange 5-10% TGC and Grey 5%TGC section, that are all now overburden before they gain access to the higher-grade ore - Red & Purple. (Obviously there will be some high grade at surface)









Did you know, if WKT uses the 5% cut off grade that many of the other graphite companies are using, they have a very similar TGC% as many of the other Tanzanian companies and a similar amount of contained carbon, I am sure you already know all of this, similar to you know that WKT's strip ratio is nearly 4-6x more than other similar companies.

BTW, I noticed in that latest T40 list that the T40 had reduced their holding by 1 mil over a 20 day period. Do you know who this was? was it one of the T40 members who helped appoint Mike Elliot?

Here is the Investing News explanation on Strip ratio's, It might help you.


A strip ratio, or stripping ratio, is an important measurement related to the open-pit mining process. It represents the amount of waste material, also known as overburden, that must be moved in order to extract a given amount of ore.

Calculating stripping ratios

At their most basic, strip ratios can be calculated by dividing overburden thickness by ore thickness. For example, an overburden thickness of 100 meters and an ore thickness of 50 meters would yield a strip ratio of 2:1. That means mining 1 cubic meter of ore would require mining 3 cubic meters of overburden.


https://investingnews.com/daily/res...ip-ratio-western-copper-gold-nemaska-lithium/
2017 DFS Strip Ratio of 2 : 1
https://www.asx.com.au/asxpdf/20170207/pdf/43ftxj4sw4gg94.pdf
2019 DFS - No Strip Ratio
https://www.asx.com.au/asxpdf/20190307/pdf/4438vk96dh2yw4.pdf
Cross Section
https://www.asx.com.au/asxpdf/20181219/pdf/441c1cnppvnt6m.pdf